By 2020, 96 percent mobile phones sold in India will be India made: Study

- Advertisement -
- Advertisement -

By 2020 around 96 percent mobile phones sold in India will be manufactured locally, and that the manufacturing rate will increase from 6.1 percent in 2016 to 25.8 percent in 2019, states a report by Internet and Mobile Association of India (IAMAI) and Enixta Innovations.

mobile phones, Make in India, India

The ‘Indian Mobile Phone market: Emerging Opportunities for fulfilling India’s Digital Economy Dream’ report noted that two out of every three mobile phones in India were domestically produced.

- Advertisement -

The mobile phone components including battery packs, non-electronic parts, accessories, packaging and can be manufactured locally without any hassle. Although sourcing main electronic components locally is will take a longer time.

The report said that the localization number is far below the rate in countries like Vietnam. Notably, domestic mobile phones production in India is limited to assembling/packaging of SKD (Semi-Knocked Down) kits.

Dr. Ajay Kumar, Additional Secretary, Ministry of Electronics and Information Technology, at the launch of the report said that in the coming five to 10 years, nearly 25 percent of the global economy would be determined by the digital economy. He further said that the Internet economy was the biggest opportunity in India and can make it even bigger than the ITeS industry.

At present India stands to be the second largest when it comes to the smartphone market in the world in terms of users but is expected to be the largest for global smartphone sales in the next few years.

The report shows that 38 new mobile manufacturing units have been set-up in India between 2015 and October 2016. The manufacturing plants have a manufacturing capacity of 20 million units per month and they generate nearly 40,000 direct jobs.

Domestic mobile manufacturing industry in India in FY 2019-20 is expected to be Rs 135,000 crore as compared to Rs 94,000 in FY 2016-17. The market size of domestic manufacturing for smartphones in FY 2019-20 will be Rs 120,200 crore.

By Baishakhi Dutta

- Advertisement -

Related Artcles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exclusive

“More Chargers Provide Security And Confidence To Customers, Encouraging EV Adoption”

0
With an agenda to transform the EV industry, EarthtronEV has established 250+ charging stations on major highways across India. The company aims to interconnect...

5G RedCap To Transform IoT Module Shipments

0
Over 60% of IoT module shipments will originate from the Asian & Oceania region. Automotive sector is expected to be a significant driver. The...
XR Headset Quest 3, Meta

Global XR Headset Shipments See A Major Decline, Sony Rises

0
Sony grabbed a market share of 24% in 2023 up from 1% in 2022. Bulky form factor, and lag, hinder adoption by serious...

Buzz

Tenstorrent- RISC V cores

MosChip Collaborates With Tenstorrent For Advanced RISC-V Cores

0
Tenstorrent has selected Moschip due to their tape out expertise in design services. India’s MosChip Technologies has announced partnership with computing company Tenstorrent and to...

BYD Aims For 20% Increase In Yearly EV Sales

0
The company is targeting sales of 500,000 vehicles internationally this year, over twice the amount sold last year, and aims to increase that figure...

RRP Electronics To Invest ₹5000 Cr In OSAT and R&D In Maharashtra

0
Cricket legend Sachin Tendulkar is investing in this semiconductor facility. Such celebrated personalities investing in the sector could be a great asset to the...

Important Sectors

“More Chargers Provide Security And Confidence To Customers, Encouraging EV Adoption”

0
With an agenda to transform the EV industry, EarthtronEV has established 250+ charging stations on major highways across India. The company aims to interconnect...

BYD Aims For 20% Increase In Yearly EV Sales

0
The company is targeting sales of 500,000 vehicles internationally this year, over twice the amount sold last year, and aims to increase that figure...

RRP Electronics To Invest ₹5000 Cr In OSAT and R&D In Maharashtra

0
Cricket legend Sachin Tendulkar is investing in this semiconductor facility. Such celebrated personalities investing in the sector could be a great asset to the...

Subsidy Cuts Push E2W Makers Towards Budget Models

0
Electric two-wheeler manufacturers face reduced government subsidies and growing competition from established petrol vehicle brands in the upcoming fiscal year. These challenges compel them...

Nissan To Invest In Renault’s Ampere For EV Roadmap

0
The alliance aims to introduce both five-seater and seven-seater models for each brand in India. Japan's Nissan Motor has committed to investing in Renault's electric...

Manufacturing

JLR To Hire 250 Electrical Technicians For Future EVs

0
These new roles, part of a £15 billion investment, are in addition to 300 positions created last year by the British car maker. Jaguar Land...

Altmin India Partners With WMG To Advance Battery Tech

0
Altmin and WMG will collaborate to strengthen their global battery materials supply chain position by optimizing cathode materials and developing diverse cell designs across...

EVs To Cost Less Than Gas Vehicles by 2027, Says Gartner

0
Gartner predicts a faster decline in production costs compared to battery costs, which represent the most significant expense in an electric vehicle, accounting for...
MG

MG Motor To Set Up Battery Assembly Unit At Halol Facility

0
The company plans to investigate battery cell production in collaboration with external partners. Automaker MG Motor India is actively exploring the possibility of assembling and...

Servotech Boosts India’s EV Charging Infrastructure With Manufacturing Facility

0
The new facility is poised to start with an annual production capacity of 24,000 power modules and plan to scale up to 2.4 lakh...